28 February 2013 07:00 [Source: ICIS news]
SINGAPORE (ICIS)--China-based Sichuan Yongxiang has restarted its 120,000 tonne/year polyvinyl chloride (PVC) unit in Leshan, Sichuan, on 28 February as scheduled after completing maintenance that started on 17 February, a company source said.
The company was running the plant at 30-40% of capacity before the shutdown, the source added.
Prices quoted by the producer were at yuan (CNY) 6,500/tonne ($1,043/tonne) to the market on 28 February and the producer had not offered for a long time before the shutdown, according to Chemease, an ICIS service in China.
Domestic prices in the southwest market were CNY6,500/tonne EXWH (ex-warehouse) on 28 February, up by CNY50/tonne at the low end of the range compared with CNY6,450-6,500/tonne on 16 February, Chemease data showed.
($1 = CNY6.23)
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